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Neonode enters license agreement for Touch Sensor Module technology

Neonode announced a new license agreement for an evolution of its licensable Touch Sensor Module technology. NEXTY Electronics Corporation has selected Neonode’s TSM technology for sensor development and manufacturing of the next-generation amusement machines for a manufacturer in Japan’s amusement market. The agreement includes an upfront technology access fee and future royalties and is estimated to have a value of $2M-$3M over the next four to five years.

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